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Rhyl in North Wales came in sixth place on the list of seaside towns with the lowest property values. The average property in Rhyl is valued at £134,577 by Zoopla.

Saltcoats, Scotland, also had low prices (Image: PA)

The Lancashire coastline may also be worth a look, with properties in Blackpool and Morecambe also on the list of the least expensive seaside properties.

Lawrence Hall, a spokesman for Zoopla, said the big increase in the value of an average home in Margate follows large amounts of regeneration funding that the town has received in the past decade - with attractions such as the Turner Contemporary gallery and the Dreamland theme park.

Mr Hall said: "If you're considering investing in a beach front property, you should consider those resorts receiving government investment - it does have a positive impact on property values."

Here are the top 10 seaside towns with the biggest percentage change

Margate, Kent, 12.54%, £202,276

Grange-over-Sands, Cumbria, 10.58%, £273,965

Walton-on-the-Naze, Essex, 10.04%, £212,107

Felixstowe, Suffolk, 9.59%, £246,995

Porthcawl, Wales, 7.61%, £237,939

Llandudno, Wales, 7.56%, £196,074

Ramsgate, Kent, 7.17%, £208,901

Hastings, Sussex, 6.95%, £244,955

Hayling Island, Hampshire, 6.83% £314,746

Southend-on-Sea, Essex, 6.81%, £269,276

Here are the 10 seaside towns with the biggest percentage falls in property values over the past year